Obama said that the Supreme Court ruling would open the flood gates of foreign monies being injected into American political campaigns.
Obama said…
“The Supreme Court reversed a century of law to open the floodgates for special interests — including foreign companies — to spend without limit in our elections. Well I don’t think American elections should be bankrolled by America’s most powerful interests, and worse, by foreign entities.”
The truth…
Fact Check: President Obama’s State of the Union 2010
Current federal law prevents “a partnership, association, corporation, organization, or other combination of persons organized under the laws of or having its principal place of business in a foreign country” from making, “directly or indirectly,” a donation or expenditure “in connection with a federal, state, or local election,” to a political party committee or “for an electioneering communication.”
Conclusion for Obama – “You lie”
Who you going to believe a washed up community organizer or the Supreme Court Justice?
Justice Alito mouths ‘not true’
FACT CHECK: Obama and a toothless commission
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Obama is being his usualy hypocritical self on this issue. His campaign received over 4,000 individual foreign addressed contributions, which have not been returned.
Pamela Geller reports:
The Obama campaign received a substantial amount of money from countries that have an interest in seeing a weak American President: $366,708.22 from China; $25,259.00 from the United Arab Emirates; $7,062.60 from Russia; and $6,716.28 from Saudi Arabia. Obama also took in $6,350.00 from Indonesia; $5,000.00 from Kenya; and $1,750.00 from Egypt.
The FEC alleges that Obama also illegally took donations from Tamil Tiger leaders. The Tamil Tigers are, according to the FBI, the most successful terrorist group in the world. While the Hillary Clinton returned contributions from the Tamil Tigers, Obama kept them.
There are many other questions and mysteries regarding Obama’s campaign finances. The Puma P.A.C. blog notes: “Obama spent a record $744 million on his campaign but has disclosed donors for only $485 million of his windfall